520 W Lemon, Monrovia, CA 91016
List Price: $799K
Listing Status: Active
0Days on Market: 1
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1941
Lot Size: 5,982 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: AR26084931
About This Property
Charming duplex opportunity in a highly desirable Monrovia neighborhood, just moments from the shops, dining, and vibrant atmosphere of Old Town. Situated on a 5,982 sq ft lot, this property features two mirror-image units, each offering 1 bedroom and 1 bathroom - an excellent opportunity for investors or future owner-users. The units offer functional layouts, with one unit benefiting from more recent improvements while the other provides an opportunity for a new owner to further update and add value over time. Notable upgrades include a new roof installed in 2021, both water heaters replaced in 2023, a new garage door installed in 2026 on one of the garages, a new window AC unit added in the back unit in 2025, and a direct vent heater installed in that same unit in 2021. Each unit includes its own dedicated garage space, providing convenient parking and additional storage. Both units are currently tenant-occupied, offering immediate rental income. The property also features a shared laundry room equipped with a washer and dryer for tenant use. The spacious lot presents potential for future expansion, including the possibility of adding an ADU (buyer to verify with the City of Monrovia). A versatile property in a prime location with long-term upside potential.
Listing provided by: Mary Baldry DRE #01927691 626-355-1451 marybaldry@gmail.com, Century 21 Village Realty
Source: CRMLS, MLS #: AR26084931